What's the benefit to an EFC of 0?

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<p>This is a problem here on CC. I’ve seen many cases where the first thing someone posts is…apply to HYPs, you can go there for free. When in reality, admission is like playing the lottery, and HYPS probably has very few truly low income kids.</p>

<p>The other problem here on CC and elsewhere is that people think F/A is free money. They think, “If I can just qualify for F/A, I can go for free or get a lot of free money.” Most have no idea that they will likely receive an F/A package that has a big gap, expects them to borrow thousands of dollars in student loans, and/or has declared that their family has an unaffordable EFC. “Need” is not defined by the family.</p>